2026-09-03
- September 3 (UTC+8), OpenSea announced the addition of Solana NFT trading on OS2, allowing collectors to now browse, buy, and sell Solana digital collectibles on the platform, with series such as Mad Lads and Claynosaurz available at launch. The August 31 release expanded OpenSea's Solana services beyond fungible tokens. The company stated that collectors can now use the platform without switching wallets or accessing multiple markets, while Solana creators have gained a new channel to reach buyers. The OS2 version released by OpenSea in May 2025 offers fungible token trading across 19 chains, including Solana. The newly added NFT support fills a functional gap on the platform's Solana side. OpenSea stated that users can now buy, sell, trade, and bid on top Solana series. This move creates more direct competition with existing Solana marketplaces such as Magic Eden and Tensor. (Source: ChainCatcher)
World open-sources ProveKit, a zero-knowledge identity proving toolkit
World open-sourced ProveKit, a zero-knowledge identity proving toolkit used in World ID early access in April. It lets users generate cryptographic proofs on phones or browsers to prove age, nationality or ownership of a valid identity document without revealing personal data; the verifier only receives confirmation of the specific claim. "We are now launching ProveKit open source because we believe this technology is key for privacy-preserving authentication and must be neutral and permissionless," a spokesperson said. ProveKit, about two years in development, supports Noir, runs on standard consumer hardware (proofs in seconds on typical phones, under 30 seconds on low-end devices), targets 128-bit post-quantum security and requires no trusted setup. v1 is production-ready for off-chain verification; v2 aims to reduce proof size, proving time and memory and add more efficient on-chain verification. A report that Nexus is selling scans of more than 153 million U.S. and Canadian driver's licenses has prompted calls to authenticate identity documents using zero-knowledge proofs, Remco Bloemen wrote on X.Arbitrum DAO H1 revenue $6.19 million, Robinhood Chain becomes new revenue source
Arbitrum DAO achieved revenue of $6.19 million in the first half of 2026, mainly from Arbitrum One transaction fees, Timeboost sequencing auctions, licensing fees from scaling chains using Arbitrum technology, and treasury management gains. Protocol revenue gross margin exceeded 97%, with $125 million in non-ARB assets held at period end. The report shows that during the period the network processed 478 million transactions, stablecoin monthly average transfer volume exceeded $70 billion, holding addresses increased to 10.5 million, and ranked first in on-chain RWA deployments. Robinhood Chain, which launched on mainnet in July, paid $360,000 in licensing fees to the Arbitrum Expansion Program in its first month, accounting for 35% of DAO revenue for the month.
2026-09-02CryptoQuant: Bear market borrowing demand increases, high-net-worth individuals shift collateral to privacy coins like ZEC
CryptoQuant cites data from the crypto lending platform CoinRabbit, stating that during the 2026 bear market, the average number of loans per user increased compared to the 2025 bull market: retail users rose from 30.8 to 53.5 loans, high-net-worth individuals (HNWI) from 16.5 to 19.4 loans, and the share of repeat borrowers increased to 65.1%. Loan frequency shows divergence: HNWIs maintain a stable interval of 26–27 days, while retail users extended theirs from 11 days to 21 days. CryptoQuant believes this trend reflects the countercyclical nature of lending demand during bear markets, with holders preferring to collateralize loans rather than sell at low prices. The collateral structure shows that among HNWIs, Bitcoin's share dropped from 57.8% to 30.5%, ZEC surged to 24.2% (with its price rising from around $50 to around $800 during the same period), and XMR, LINK, and ADA also saw increased shares; retail users remain predominantly holding XRP (down from 41.7% to 35.2%), followed by Bitcoin, with altcoins such as TRX, XLM, BNB, KAS, and VELO entering the top ten. In terms of trading volume, USDC climbed to third place, RWA tokens like ONDO entered the top ten, while SOL and SHIB fell out of the ranking.Crypto trader Rune issued another statement clarifying that the tweet about acquiring a U.S.-listed company was generated by Claude, with fabricated and exaggerated figures
Crypto trader Rune has issued another statement on the X platform, clarifying that a previous tweet about acquiring a U.S.-listed company was an "AI slop post" generated by Claude, and that the data involved was not factual, with numbers being fabricated and exaggerated.
Rune's earlier posts promoting a plan to "tokenize Nasdaq low-market-cap stocks + Meme coins" and claiming the acquisition of a 37.4% stake in a Nasdaq-listed company were written and published by Claude. Possibly affected by this, the stock price of Nasdaq-listed FAMI (Farmmi, Inc.), as well as the prices of Meme coins JINQIAN and FAMI, all experienced significant fluctuations today.
In the past 24 hours, total contract liquidations across the network reached $367 million, with longs dominating
According to CoinGlass data, in the past 24 hours, total contract liquidations across the cryptocurrency market reached $367 million, including $283 million in long liquidations and $84.1366 million in short liquidations. Total BTC liquidations amounted to $111 million, and total ETH liquidations amounted to $96.0157 million. The largest single liquidation order occurred on Binance-ETHUSDT, valued at $11.9947 million.Nomura's Laser Digital enters the DeFi fixed-income sector
Nori Securities' digital asset subsidiary Laser Digital announced a collaboration with Keyring Network, appointing it as the risk governance provider for institutional lending markets, with the first market launching on Euler Finance. The parties did not disclose committed capital, fee terms, or launch date. Under the collaboration framework, Keyring provides infrastructure and tools, including access verification, quantitative risk parameter setting, and liquidation framework design; Laser Digital's asset management division contributes governance standards, portfolio structures, and market practices. Both parties noted four major barriers to institutional participation in DeFi lending: licensing, vulnerability risks, governance, and settlement, with solutions combining zero-knowledge licensing, quantitative risk modeling, network insurance, and Keyring's settlement technology. According to DefiLlama data, Euler locks up a total value of $368.8 million across 17 chains and has $555.4 million in outstanding loans. Laser Digital previously supported ZIGChain's emerging market private credit in August, while Keyring introduced a zero-knowledge identity layer for DeFi vaults on Avalanche in August 2025. Nori established Laser Digital in 2022, with operational headquarters in Dubai and Switzerland.21 financial institutions plan to jointly issue a US dollar-pegged stablecoin, aiming for launch in the first half of 2027
21 banks and asset management firms (including Bank of America, Citigroup, Goldman Sachs, UBS, Deutsche Bank) announced they will establish a joint venture in the second half of 2026 to issue a USD stablecoin, with a target launch in the first half of 2027, and plans to subsequently expand to other G7 currencies, starting with the euro. The announcement did not disclose the company name, shareholder structure, management team, custodian, or reserve manager. The plan is based on a statement from ten banks on October 10, 2025, regarding digital currencies backed by a 1:1 reserve; the original ten include Santander, Bank of America, Citigroup, Deutsche Bank, Goldman Sachs, MUFG, TD Bank, and UBS, which continue to participate, while Barclays and BNP Paribas are absent. New participants include Capital One, Fidelity Investments, PNC, Scotiabank, Wells Fargo, WisdomTree, BBVA, Commerzbank, Crédit Agricole, Lloyds Banking Group, Rabobank, Sirius International Holding, and Standard Bank of South Africa, with Fidelity and WisdomTree being asset management firms. The joint venture claims it will comply with the GENIUS Act and MiCA, serving wholesale, institutional, and retail markets for cross-border payments and digital asset settlement. Currently, the stablecoin market is dominated by Tether and Circle, collectively accounting for approximately 83% of supply; among the 21 institutions, six also support the shared tokenized deposit network led by the U.S. clearinghouse, with JPMorgan not included in the list.FAMI (Farmy Fine) intraday high reached $0.5, with gains exceeding 300% at one point
According to Binance market data, FAMI, a NASDAQ-listed company, experienced a surge in trading volume and price, with the latest share price at $0.469, up over 294%; the intraday high reached $0.50, with gains peaking above 300%.Hyperliquid’s HYPE token was added to Hashdex’s NCIQ crypto index ETF for the first time, with a 3.4% weighting, making it the ETF’s fifth-largest holding. Meanwhile, Bitcoin’s weighting fell from 78%
PAPY launched; Bitwise Premium RWA Vault offers real-world yield sources for stablecoin holders
Bitwise CEO stated on the X platform that PAPY, the Bitwise Premium RWA Vault, went live today. Finance is moving on-chain, and RWA is bringing "real-world" yields on-chain. PAPY now provides related yield sources for stablecoin holders.
Machi Big Brother's Ethereum long position drops below $100 million, with overall position floating loss exceeding $1.1 million
Hyperbot data shows that, possibly due to volatility in the crypto market, Machi Big Brother's 25x leveraged Ethereum long position has fallen below $100 million in value. He has also begun reducing his Ethereum and Bitcoin long positions, with his overall position now showing a floating loss exceeding $1.1 million and a return on investment of -23.02%:
1. The 25x leveraged Ethereum long position holds 39,900 ETH, with a position value of $95.979 million and a floating loss of $1.07 million;
2. The 40x leveraged Bitcoin long position holds 515 BTC, with a position value of $39.793 million and a floating loss of $42,000.
SEC Chairman Atkins: Senate Expected to Pass Bitcoin Clarity Act Within Two Weeks and Send It to Trump for Signing
U.S. Securities and Exchange Commission (SEC) Chairman Atkins stated that the Senate is expected to pass the Bitcoin Clarity Act within two weeks and send it to President Trump for his signature.
USDT0 listed on the Stellar network
Tether full-chain stablecoin protocol USDT0 announced its launch on the Stellar network. USDT0 is a full-chain deployment version of Tether US dollar stablecoin USDT, built on the LayerZero OFT standard, and users can achieve cross-chain transfer of the stablecoin without a third-party cross-chain bridge.Circle CEO testifies before Congress, calls for improved regulatory framework for stablecoins and digital assets
Heath Tarbert, President of Circle Internet Group and former CFTC Chairman, testified at a U.S. House Financial Services Committee hearing, with testimony titled “A Dollar Governance Strategy for the Internet Financial System.” He noted that the dollar’s share of global reserves has fallen from over 70% in the late 1990s to about 57% (IMF), and that about 98% of stablecoins are denominated in dollars. He advocated that U.S.-based issuers regulated by the GENIUS Act should assume and consolidate this advantage to prevent it from flowing to offshore issuers or other countries’ sovereign infrastructures. Tarbert warned that if higher-layer market structures such as trading venues, custodians, and brokers lack clear U.S. legal jurisdictional rules, then even if assets are dollar-denominated, the actual rules for trading and custody could still be set by other countries. He stated that central bank digital currencies could bring improper insights into individuals’ finances and disrupt community banks, and that Congress has legislated to prohibit the issuance of retail CBDC; he also distinguished the legal and economic natures of tokenized deposits and payment stablecoins. Tarbert cited data saying that the size of tokenized treasuries and money market products exceeded $16 billion in August, and that the stablecoin market was about $317 billion as of April (year-over-year growth exceeding 50%); he also mentioned that the OCC has conditionally approved five national trust bank charters, Circle Payments Network has 175 financial institutions onboard, the CFTC allows USDC to be posted as futures margin, and FASB is pushing to include qualified payment stablecoins as cash equivalents. Finally, he called on Congress to faithfully implement the GENIUS Act to plug regulatory loopholes, and for bipartisan advancement of the CLARITY Act to establish a U.S. legal jurisdictional framework.BSC Meme coin FLORK's market cap briefly surpassed $17 million, up over 190% intraday
According to GMGN market data, driven by its listing on Binance Alpha, BSC Meme coin FLORK's market cap briefly rose past $17 million and is now reporting around $15.2 million, up over 190% intraday.
Odaily reminds that Meme coin prices are highly volatile and susceptible to exchange listing news and market sentiment. Please be aware of trading risks.
According to DeFiLlama, Robinhood Chain generated $3.75 million in daily fees on September 1, marking a new ATH for the fourth consecutive day and making it the highest fee-generating network on the d
USD/JPY drops to 158.5, down 1.0% in 24 hours
According to Gate data, USD/JPY has fallen to 158.5, currently at 158.494, down 1.0% over the past 24 hours.Bubblemaps: CHUMP token suspected of being highly controlled by a single entity, about 80% of tokens concentrated in bundled addresses
According to Bubblemaps, about 80% of the Solana ecosystem Trump parody meme coin CHUMP tokens are concentrated in bundled addresses, and the project is promoted by multiple crypto Twitter KOLs. On-chain data shows that before the token surged, more than 75 new wallets were injected with similar amounts of SOL in a short period, and then bought about 80% of CHUMP. These wallets had no previous on-chain activity, and funds were transferred through multiple layers of new addresses, Uniswap transactions, and Relay. Bubblemaps stated that it is still unclear who actually controls the token, but the funding sources and trading patterns are highly similar, suspected to be manipulated by a single entity, and advises investors to participate cautiously.Coinbase launches regulated crypto derivatives and commodity futures in Canada, supporting up to 10x leverage
Coinbase has launched regulated derivative contracts for eligible Canadian traders through its subsidiary Coinbase Financial Markets (CFM), becoming the first major crypto platform to offer native crypto futures in Canada. The products include 23 perpetual and dated futures contracts across Bitcoin, ETH, SOL, and other assets, 5 commodity futures covering gold, silver, oil, and more, as well as the COIN50 Index futures, all supporting up to 10x leverage. All contracts are provided by CFM, a CFTC-registered futures commission merchant, with a limited-time fee of 0.02% per trade plus $0.11 per contract.